WarnerMedia plans thousands of job cuts in restructuring - WSJ

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Raymond James Reiterates Market Perform Rating on AT&T (T)

October 9, 2020 7:45 AM EDT

Raymond James analyst Frank Louthan reiterated a Market Perform rating on AT&T (NYSE: T) following a report in the WSJ that AT&T's WarnerMedia is planning a restructuring to reduce costs by up to 20%. This follows 500 previous job cuts at Warner Bros.... More